Indian rice exporters demand restoration of Interest Subvention Scheme
The Dollar Business Bureau (Pic - Bazaar-e Reza in Mashhad, Iran) Iran has slowed down purchases of Indian agriculture products in recent months following the ease of sanctions against it earlier this year Faced with various hurdles in the international markets, the All India Rice Exporters Association (AIREA) has urged the government to restore the Interest Subvention Scheme to avert a decline in rice exports and losses this year. After remaining a leader for three years, Indian rice exporters are likely to face a slowdown in FY2014-15 due to geo-political changes, low global prices and high supplies. According to official sources, India exported around 10.9 million tonnes of rice in FY2013-14, and India’s total rice exports during April – September 2014 ...
Indian market offers massive opportunities for NZ businesses: Primary Industries Minister
The Dollar Business Bureau | @TheDollarBiz Highlighting the point that India is a priority country for his government, Nathan Guy, Primary Industries (Agriculture) Minister, New Zealand, said today that there is a great opportunity for businesses in New Zealand to tap the potential of the evolving Indian market. Nathan Guy, Primary Industries Minister, New Zealand (Pic source - Govt. of New Zealand) Guy said that half of the 1.2 billion population of India are under the age of 25 and includes a 300 million growing middle class. This could help boost bilateral trade with India, particularly in sectors such as food, ICT, tourism, manufacturing and services, and green technologies. “This is my first visit to India, and it is ...
Russia's Deputy PM promises to remove red tape for Indian businesses, exports
The Dollar Business Bureau | @TheDollarBiz Russia has acknowledged that red tape and bureaucracy are hurdles in improving trade ties with India and has promised to assist Indian businessmen in helping expand their presence in Russia. Dmitry Rogozin, Deputy Prime Minister of the Russian Federation (Pic. Source - Russian Government) Speaking at the 8th India-Russia Forum on Trade and Investment in New Delhi today, Dmitry Rogozin, Deputy Prime Minister of the Russian Federation, said that the “Make in India” programme is a patriotic move and added that there is scope to improve cooperation between the two countries in manufacturing, particularly in the small and medium enterprises segment. Rogozin also said that the Russian government will take all necessary steps to help ...
